Telstra sells Autohome to Ping An for A$2.1bn
Australian incumbent Telstra has completed the sale of a 47.4% stake in Chinese car sale website Autohome to China’s Ping An Insurance Group for A$2.1bn (US$1.6bn). Telstra ...
Tag: TF247
Telecom Egypt can keep Vodafone stake – report
State-owned Telecom Egypt will reportedly be allowed to hold on to its 45% stake in mobile operator Vodafone Egypt following the introduction of 4G ...
Telefónica in talks with banks about O2 UK listing – report
Telefónica has reportedly started work on a potential IPO of O2 UK and entered talks with banks about advising on the ...
Orange completes purchase of Airtel in Burkino Faso
Orange and its Côte d’Ivoire subsidiary have completed the purchase of Burkina Faso’s second largest mobile operator Airtel from Bharti ...
Altice closes Cablevision deal, outline US ambitions
Patrick Drahi’s Altice has completed its acquisition of Cablevision Systems in the US, creating the country’s fourth largest cable operator with ...
Softbank promotes Ken Miyauchi to president and COO
Japan’s Softbank has appointed domestic telecoms director Ken Miyauchi as the group’s new president and COO. Miyauchi replaces Nikesh Arora, who resigned from the company, but ...
Verizon buys software maker Telogis
Verizon Communications has agreed to buy software company Telogis for an undisclosed amount as it continues to diversify its activities. The acquisition gives its Verizon Telematics subsidiary Telogis’ technology ...
Vertical Bridge closes financing deals worth US$721m
US mobile tower leasing company Vertical Bridge has closed a US$321m asset-backed securities offering and a US$400m senior credit facility ...
CS&L to buy Tower Cloud in second acquisition of the year
US REIT Communications Sales & Leasing (CS&L), spun off from telco and ISP Windstream last year, has agreed to acquire privately-held ...
InfraMed buys 21% of Eutelsat’s African satellite broadband venture
Eutelsat has sold a stake of around 21% in its African satellite broadband venture to infrastructure-focused investor InfraMed for an undisclosed sum. The Paris-based ...
